Common use of Certain Operational Matters Clause in Contracts

Certain Operational Matters. (a) Neither MFFC nor MFSB ▇▇ a party to any agreement or subject to any arrangement which would prevent, limit or restrict it from the sale, lease or other disposition of its main offices or any branch office. (b) Except as set forth in Section 3.27 of the DISCLOSURE SCHEDULE, the consummation of the BFOH MERGER or the BANK MERGER shall not result in the termination or cancellation before its stated expiration of any contract to which MFFC or MFSB ▇▇ a party or cause them to incur any financial penalty, liquidated damages, assessment or other costs solely by reason of such mergers.

Appears in 2 contracts

Sources: Agreement and Plan of Reorganization (Milton Federal Financial Corp), Reorganization Agreement (Bancfirst Ohio Corp)